Bangladesh: Third Programmatic Education Sector Development Support Credit

 

 

WASHINGTON, June 21, 2007 - The following project was approved today by the World Bank’s Board of Executive Directors:

 

IBRD LOAN: $ 100 million

TERMS: Grace = 10 years; Maturity = 40 years.

PROJECT DESCRIPTION: The project is designed to address systemic governance issues in order to make the best use of the resources in improving quality and enhancing access to secondary education. The program particularly focuses on (i) increasing accountability and transparency in the use and allocation of resources with greater stakeholder participation and greater resource allocation for poorer and disadvantaged children; (ii) streamlining the teacher recruitment process to ensure the selection of best candidates as teachers free from all kinds of influences; and (iii) enhancing quality of textbooks through competitive production.

 

For project details, please callErik Nora at (202) 458-4735 or email: enora@worldbank.org

For more project documents, please visit the project web site here.